Numismatics Collections

Coins are evaluated based on their rarity, cost, and condition, with a higher condition contributing to a higher coin worth. When a coin is auctioned or sold by a dealer, there is an incentive for them to portray the coin as being in the highest possible grade to maximize its value. Many collectors lack the knowledge or experience to assess the grade of a coin, even though coin grading services have been in existence since the 1980s. The two largest grading services, NGC and PCGS, have collectively graded nearly 70 million coins over the past 30 years. It's important to note that these grading services do not appraise the coins or assign them a specific value. Instead, they provide a numerical grade, and the market determines the coin's value based on that grade. Not All Coins Are Worth Grading The most common question we receive from first-time buyers and sellers is, "Should I get my coin graded?" The short answer is that it simply depends on the current value of ...

Last year, Prime Minister Shri Narendra Modi unveiled a new series of definitive coins designed to cater to visually handicapped disabled citizens. This coin series features denominations of ₹1, ₹2, ₹5, ₹10, and ₹20. The coins are crafted with specific considerations to enhance accessibility and usability for individuals with visual impairments. The ₹2, ₹5, and ₹10 coins were released into circulation during the second half of last year, minted with the year 2019. Unfortunately, the ₹1 and ₹20 coins did not enter circulation in the same period, although the ₹20 coin is expected to be released soon , as reported last month, likely minted in the year 2020. This circumstance may contribute to the limited availability of coins with denominations of ₹1 and ₹20 minted in the year 2019, potentially making them rare. Historically, coins like the 50 Naye Paise 1957 and 1959, as well as the 1 Rupee 1982, have become extremely rare, commanding significant prices in the market. Hoping for the tim...